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Hrm… so let’s say you want to build this in Toronto.
Some tweets. https://twitter.com/YIMBYDurham/status/1359310937971437579
Some tweets. https://twitter.com/YIMBYDurham/status/1359310937971437579
Assuming you get a 50'x150' lot with a rear lane (not impossible), similar to the example shown.
A 12plex would be an apartment building, therefore is limited to 14m building depth (a single detached is allowed 17m). *Very* roughly, 12x454sq.ft units.
A 12plex would be an apartment building, therefore is limited to 14m building depth (a single detached is allowed 17m). *Very* roughly, 12x454sq.ft units.
The fun part is parking. Assuming you provide all 2bd units, this would require 14 spaces, which cannot be physically accommodated on the property and would occupy the entirety of the rear yard. So big variances (landscaping) or you're losing units to reduce parking.
Also, this would trigger site plan control, and *easily* $200,000+ in fees and reports.
And ~$613,236 in development charges.
And between 5% and 10% of the value of the land in parks levy. All of which is payable before you have a single tenant paying rent.
And ~$613,236 in development charges.
And between 5% and 10% of the value of the land in parks levy. All of which is payable before you have a single tenant paying rent.
So, quite logically, you say fuck it and develop it with a single detached house that’s allowed to be larger and take your money and run.
As an alternative, you could do a semi-detached 4 plex with 2 laneway suites, get 10 units, require zero parking… and then get rejected by the Committee of Adjustment for your consent application.
